Richardson Electronics Ltd (RELL) Tops Q4 EPS by 3c; Increases Buyback by $25M

July 21, 2011 6:53 AM EDT
Richardson Electronics Ltd (NASDAQ: RELL) reported Q4 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $40.7 million versus the consensus estimate of $39.83 million.

Richardson Electronics Ltd sees Q1 2011 revenue of $41-$43 million.

Increases buyback by $25 million.

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Earnings, Guidance, Stock Buybacks